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Netflix Q3 Earnings Beat, Revenues Rise Y/Y on Subscriber Gain
NFLXNetflix(NFLX) ZACKS·2024-10-19 00:15

Netflix (NFLX) reported third-quarter 2024 earnings of $5.40 per share, which beat the Zacks Consensus Estimate by 6.09%. The figure jumped 44.8% from the year-ago quarter.Revenues of $9.82 billion increased 15% year over year and beat the consensus mark by 0.6%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company has maintained healthy engagement levels in the third quarter, with about two hours of viewing per member per day, indicating strong member retention.On the ads fro ...